FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) Sees Significant Growth in Short Interest

FT Vest U.S. Small Cap Moderate Buffer ETF – May (BATS:SMAY) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 102,028 shares, an increase of 307.2% from the June 15th total of 25,054 shares. Based on an average daily volume of 16,896 shares, the short-interest ratio is presently 6.0 days. Approximately 2.5% of the shares of the company are short sold.

FT Vest U.S. Small Cap Moderate Buffer ETF – May Stock Down 0.1%

BATS:SMAY opened at $28.24 on Friday. The company’s 50 day moving average is $27.75 and its 200-day moving average is $26.89. FT Vest U.S. Small Cap Moderate Buffer ETF – May has a 12 month low of $23.86 and a 12 month high of $28.45. The firm has a market cap of $115.78 million, a price-to-earnings ratio of 16.31 and a beta of 0.73.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Advisory Services Network LLC lifted its position in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 2.0% during the 4th quarter. Advisory Services Network LLC now owns 58,345 shares of the company’s stock worth $1,515,000 after acquiring an additional 1,165 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 46.1% during the first quarter. Kestra Advisory Services LLC now owns 36,117 shares of the company’s stock valued at $950,000 after acquiring an additional 11,393 shares during the period. First Heartland Consultants Inc. boosted its holdings in FT Vest U.S. Small Cap Moderate Buffer ETF – May by 3.2% during the second quarter. First Heartland Consultants Inc. now owns 33,012 shares of the company’s stock valued at $937,000 after acquiring an additional 1,012 shares during the period. Arkadios Wealth Advisors acquired a new stake in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May in the fourth quarter valued at about $708,000. Finally, Quad Cities Investment Group LLC acquired a new stake in shares of FT Vest U.S. Small Cap Moderate Buffer ETF – May in the second quarter valued at about $610,000.

FT Vest U.S. Small Cap Moderate Buffer ETF – May Company Profile

The FT Cboe Vest U.S. Small Cap Moderate Buffer ETF – May (SMAY) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims for specific buffered losses and capped gains on the iShares Russell 2000 ETF over a specific holdings period. The actively managed fund holds options and collateral. SMAY was launched on May 19, 2023 and is managed by First Trust.